The National Shipping Company of Saudi Arabia (Bahri) appointed Sarah Al Suhaimi (LinkedIn), the longtime chairperson of the Saudi Tadawul Group, as its new chairperson, it said in a disclosure to Tadawul yesterday.

Al Suhaimi is joined by industrial-banking heavyweight Abdulla Mohammed Al Zamil (LinkedIn) as vice chair. The appointments follow the election of a new board for a three year-term ending on 15 January, 2029.

Why this matters: The new financial-industrial leadership signals a potential shift toward financial structuring and dealmaking for the logistics giant. Bahri’s next three-year term could be defined by M&A, international JVs, or significant capital activity.

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Tabuk Agricultural Development Company (Tadco) tapped Managing Director Abdullah Al Salhi as interim CEO, it said in a filing to the Bourse yesterday. Al Salhi, who assumed the position of managing director in in November, takes over following the previous CEO’s departure last week.